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Search Results 0 to 49 of about 2,205 (some duplicates have been removed)
>> tom: it may be near freezing in washington, but the nation's capitol will soon heat up with a budget battle of epic proportions. >> all sorts of spending under the knife. if you own shares in companies that do business with the federal government, you won't like the news. >> susie: a look at the new congress and the budget battle to come. you're watching "nightly business report" for tuesday, january 4. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made ssible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. the 112th congress will be sworn in tomorrow, but the bickering is already well underway over the government's finances. >> susie: many people are looking for this congress to usher in an era of tighter budgets and more responsible spending. that could have broad investors.. and individuals. >> tom: the questions are whether house republicans will be able to reign in uncle sam's budget
>> tom: a year of double-digit returns for shareholders. wall street's big stock indices clock their second straight year of gains. will it continue next year? >> the catalyst should be that we are putting the recession of 2008 and 2009 behind us. investors are still worried about a double dip. we don't think there will be a double dip. we think the economy will continue to grow in 2011. >> tom: we wrap up the trading year and get you ready for 2011. you're watching "nightly business report" for friday, december 31. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is off tonight. wall street wrapped up 2010 with some sizable gains. all of the major stock indices marked double-digit rallies for the year: the dow up 11%, the nasdaq up 17%, and the s&p 500 up 13%. the big questions this new year's eve-- where do stocks go from h
with one another. >> tom: a look at what consumers are doing with their money. you're watching "nightly business report" for friday, january 14. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. mixed signs today about the mind-set of consumer. they're spending a bit more, but tom, they are still uneasy about the economy. >> tom: that's right, susie. we saw conflicting reports today. retail sales for december rose six-tenths of percent-- the biggest annual gain since 1999. but, a measure of consumer sentiment took a unexpected dip in january. >> susie: so are consumer attitudes changing when it comes to money. suzanne pratt gets some answers. >> reporter: since the great recession americans have gotten a lot more familiar with these little guys. that's because we're saving more, spending less and paying down debt. barbara whitehead, director of the templeton cen
of power shifts in congress as republicans take control of the house. >> tom: what the change could mean for the economy, corporate america and your portfolio. you're watching "nightly business report" for wednesday, january 5. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. it's a new day on capitol hill with the swearing in of the 112th congress. ohio republican john boehner was elected as house majority leader, ending four years of democratic control. as nancy pelosi passed the speaker's gavel to him, boehner said, "i'm still just me." >> tom: susie, that folksy demeanor may go by the wayside as boehner takes the lead on the people's business. that likely means we'll see fights over spending, namely on health care and the nation's massive red ink. >> susie: in his acceptance speech, senator boehner promised to make congress more transparent and to restore the american p
. >> and by contributions to your pbs station from viewers like you. thank you. >> tom: inflation pushes higher at the wholesale level, and that means less money in your pocket. >> the things that we buy with most frequency-- food gasoline and so forth. those are starting to rise, and i think continue to rise as the global recovery continues to gain traction. >> susie: we look at the impact of higher prices on the economic recovery. you're watching "nightly business report" for thursday, january 13. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. new headwinds tonight for the recovering u.s. economy. first, jobless claims jumped to their highest level since october, suggesting slow progress on lowering the unemployment rate. on top of that, tom, wholesale inflation rose 1.1% in december, the biggest increase in 11 months. higher prices for commodities like food and energy fueled the gain. >> tom: so, after all the talk about deflation, are we starting to see the beginning of an inflation problem? suzanne pratt reports. >> reporter: it costs you more to heat your hom
>> tom: pomp and circumstance, and lots of deals. president obama meets with china's president hu announcing billions of dollars in trade. >> at a time when some doubt the benefits of cooperation between the united states and china, this visit is also a chance to demonstrate a simple truth. we have an enormous stake in each other's success. >> susie: included in those deals? china's aggressive push into the aviation industry. you're watching "nightly business report" for wednesday, january 19. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captiong sponsored by wpbt >> tom: good evening and thanks for joining us. push and pull in washington tonight, as president obama hosts chinese president hu jintao on his official state visit. while obama called on china to respect human rights, susie. he also welcomed that nation's rise as a global economic power. >> susie: tom, the prickly issue of china's currency also came up. presiden
>> tom: creating jobs, stimulating the economy and reducing debt. what policy priorities will president obama highlight in tomorrow's state of the union? expect to hear this theme: >> we are competitive... global competition... more competitive... >> susie: we'll preview what's being called the super bowl of speeches. you're watching "nightly business report" for monday, january 24. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. all eyes will be on president obama tomorrow night. that's when the president will deliver his second state of the union speech. and tom, there's a lot riding on what he tells the american people. >> tom: susie, the president will discuss a wide range of issues, but with all the concerns about jobs, the deficit and the weak housing market, the economy is sure to top the list. >> susie: here's darren gersh with a preview of what to
of the business that the grownups didn't quite have. >> tom: the change at the top comes as google's growth strategy pays off, with another quarter of exceptional earnings. you're watching "nightly business report" for thursday, january 20. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. a big-- and surprising-- top management change at google tonight. eric schmidt is out as c.e.o., and google co-founder larry page takes over the top job, as of april 4. tom, schmidt will stay on at the company as executive chairman, and as he said on twitter, "day- to-day adult supervision no longer needed." >> tom: susie, as you remember, when schmidt was brought in ten years ago, he said the young co- founders-- page and sergey brin- - needed "adult supervision." they've certainly grown up, given the spectacular earnings google reported after the bell this afternoon. the interne
, january 26. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. it's unanimous. federal reserve policymakers were united today in deciding to keep interest rates near 0%. tom, this was the first meeting of the year, and the fed's thinking though is the same: hold rates super low to stimulate the economy. >> tom: susie, the fed is also sticking with its "qe2" strategy-- that's the plan to buy billions of dollars of government bonds. >> susie: but you know if you scrutinize the fed's language in its policy statement, there are some clues about the future direction of interest rates. suzanne pratt reports. >> reporter: it's not easy being the federal reserve these days. talk up the recent strength in the economy too much, and financial markets will worry a hike in interest rates is coming. say something bad about the rising price of food or gas? same problem. economist aneta mark
ourselves out of. >> tom: from the president and the fed chairman to a woman who got a job by changing her game plan. we measure the job market. you're watching "nightly business report" for friday, january 7. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. from wall street to washington the talk today was about the job market. the nation's unemployment rate fell to its lowest level in a year and a half-- slipping to 9.4% in december. and american businesses added a disappointing 103,000 jobs. >> tom: susie, those job numbers came as president obama announced the new leader of his economic team. he named gene sperling as the new head of his national economic council-- the top economic advisory position in the white house. sperling held the same job in president clinton's administration and replaces larry summers. >> susie: also in washington today, federal reserv
pratt, "nightly business report," new york. >> tom: tomorrow morning begins a parade of profit reports from the banking industry. j.p. morgan chase is the first big bank to turn in its financial report card. so what can investors expect from banks? fred cannon joins us with some answers. he's co-director of research and chief equity strategist at keefe, bruyette, and woods. >> thank you, tom, good evening. >> tom: how would you characterize the industry's earnings power ahead of the fourth quarter numbers due to begin tomorrow. >> a heck of a lot better than a year ago. we've seen some fundamental improvement for the banks during the last year and credit has gotten a lot better. so we think that the numbers will look good, certainly on a year-over-year basis. that said, there's a lot of headwind ahead of us for core earnings at the banks. which we can talk about. >> tom: exactly. i want to hear about that because diversified banks like jpmorgan tomorrow, bank of america in the week ahead, big national names are really kind of falling off the floor. a year ago they lost $11 billion. thi
Search Results 0 to 49 of about 2,205 (some duplicates have been removed)